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20121224
20130101
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CSPAN
Dec 28, 2012 2:00pm EST
in the healthcare law to providers. 50 million people rely on this program. it benefits individuals over the age of 65. a lot of people depend on it. host: what is the current budget for medicare? guest: about $550 billion for this year. host: does that include the premiums that seniors pay? guest: what they pay it will go to the payments that will go to the doctors that care for the beneficiary. host: how much is coming out of general revenue? guest: the beneficiaries pay 25% of the program in part b. in part d, you have about 32 beneficiaries that are on the program. host: medicare is divided into four parts. part a is hospital insurance. host: how did the affordable care act change medicare? guest: it will take $716 billion away from medicare providers. the payments will still grow. providers of care will see their reimbursements decrease. beneficiaries receive some new services. they will get some help if they are enrolled in the drug program. they will be helped to close the donut hole. host: how is medicare being looked at? guest: medicare providers will be cut by 2%. providers will be cut
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